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Stock impact report

Rivian's first non-Amazon van customer is HelloFresh [TechCrunch]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: TechCrunch
The 70 all-electric commercial vans represent nearly one quarter of HelloFresh's fleet, which has already helped the company save an estimated 20,000 gallons of gasoline, according to a blog post the company posted Wednesday. HelloFresh said the shift to electric has reduced its CO2 emissions output by 200 tonnes. Rivian, which produces and sells two van sizes, has wanted to diversify its customer base since ending its exclusivity deal with Amazon in November 2023. But the automaker didn't officially open up its commercial van fleet business to other companies until February 2025. The EV maker spent that gap year preparing a commercial fleet line for a broader swath of businesses, which included building out service infrastructure, digital infrastructure, and collecting feedback via pilots from fleet customers, Rivian has said in the past. Rivian has been spotted performing a number of trials with potential fleet customers . However, HelloFresh is the first to publicly declare it Show less Read more
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